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Proceeding contribution from Rob Marris (Labour) in the House of Commons on Thursday, 27 October 2005. It occurred during Debate on bill on National Insurance Contributions Bill.


National Insurance Contributions Bill

Again, I am following the hon. Gentleman’s comments closely. He was taking about the risk of stifling innovation. Is he really suggesting that the self-employed, who currently pay, I think, £2.10 per week in class 2 contributions, would be rolled into a kind of super-income tax along with everybody else if his proposal to get rid of NICs were introduced? That might well stifle innovation in our economy, which has been a strength for 400 years.


Secondary information

Type
Proceeding contribution
Reference
438 c480 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Incentives Income tax Employees' contributions Employers' contributions National insurance Personal income Pay Payments National insurance contributions Small businesses Stocks and shares Tax avoidance Taxation Tax yields Enterprise management incentives Retrospective legislation
Legislation
National Insurance Contributions Bill 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk